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News and Announcements

Altech Chemicals Share Purchase Plan Closed with Strong Support

  • Published April 12, 2016 11:41AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

12th April 2016, ASX Announcement

Highlights:

  • $0.744 million raised via Share Purchase Plan
  • 8.6 million new shares issued at 8.6 cents per share
  • Discussions with various potential investors ongoing

Altech Chemicals Limited (Altech/the Company) (ASX: ATC) advises that its Share Purchase Plan (SPP) has now closed.

The Company is delighted with the support for the SPP. A total of $744,000 was raised for the 250 shareholders that participated.

Total funds raised by the Company from the SPP and the recently announced share placements totals ~$2.0 million.

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